LATECH EIENDOM AS

8392 SØRVÅGEN

Finances

Return on Equity

1,82 %

Current Ratio

17,01

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 217 000	2 005 000	1 119 000	1 396 000
Net Income	237 000	556 000	245 000	380 000
Total Assets	22 471 000	23 881 000	13 827 000	13 645 000
Total Equity	13 034 000	12 797 000	12 241 000	11 996 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 217 000	2 005 000	1 119 000	1 396 000
Expenditure	1 617 000	1 203 000	871 000	972 000
Operating Profit	600 000	803 000	247 000	424 000
Financial Income	112 000	135 000	144 000	154 000
Financial Costs	409 000	225 000	77 000	91 000
Financial Balance	−297 000	−90 000	67 000	63 000
Earnings Before Tax	303 000	713 000	314 000	487 000
Tax	67 000	157 000	69 000	107 000
Net Income	237 000	556 000	245 000	380 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 224 000	18 172 000	7 972 000	4 687 000
Total Current Assets	3 248 000	5 710 000	5 855 000	8 958 000
Total Assets	22 471 000	23 881 000	13 827 000	13 645 000
Total Retained Equity	12 834 000	12 597 000	12 041 000	11 796 000
Total Equity	13 034 000	12 797 000	12 241 000	11 996 000
Total Long-Term Debt	9 247 000	9 889 000	1 305 000	1 481 000
Total Current Debt	191 000	1 195 000	281 000	168 000
Total Equity and Debt	22 471 000	23 881 000	13 827 000	13 645 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 217 000	2 005 000	1 119 000	1 096 000
Other Income	0	0	0	300 000
Revenue	2 217 000	2 005 000	1 119 000	1 396 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	834 000	680 000	666 000	582 000
Impairment	0	0	0	0
Expenditure	1 617 000	1 203 000	871 000	972 000
Operating Profit	600 000	803 000	247 000	424 000
Financial Income	112 000	135 000	144 000	154 000
Financial Costs	409 000	225 000	77 000	91 000
Financial Balance	−297 000	−90 000	67 000	63 000
Dividends	0	0	0	0
Net Income	237 000	556 000	245 000	380 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	18 000	109 000	66 000
Real Eastate	18 031 000	16 668 000	6 206 000	2 492 000
Machinery and Plant Facilities	480 000	601 000	395 000	399 000
Fixtures	683 000	844 000	1 192 000	1 573 000
Total Tangible Assets	19 194 000	18 113 000	7 793 000	4 464 000
Total Fiancial Fixed Assets	30 000	41 000	71 000	157 000
Total Fixed Assets	19 224 000	18 172 000	7 972 000	4 687 000
Stock	0	0	0	0
Total Investments	2 001 000	0	0	0
Cash, Bank	812 000	279 000	841 000	4 075 000
Total Current Assets	3 248 000	5 710 000	5 855 000	8 958 000
Total Assets	22 471 000	23 881 000	13 827 000	13 645 000
Total Equity	13 034 000	12 797 000	12 241 000	11 996 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 247 000	9 889 000	1 305 000	1 481 000
Creditors	6 000	856 000	124 000	111 000
Unpaid Taxes	118 000	244 000	40 000	0
Dividends	0	0	0	0
Other Current Debt	43 000	28 000	5 000	6 000
Total Current Debt	191 000	1 195 000	281 000	168 000
Total Equity and Debt	22 471 000	23 881 000	13 827 000	13 645 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,82 %	4,34 %	2 %	3,17 %
Debt-to-Equity Ratio	0,71	0,77	0,11	0,12
Operating Profit Margin	27,06 %	40,05 %	22,07 %	30,37 %
Current Ratio	17,01	4,78	20,84	53,32
Quick Ratio	17,01	4,78	20,84	53,32
Equity Ratio	0,58	0,54	0,89	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %